TSLA376.3002.58%
GM78.050-0.47%
F12.385-0.095%
RIVN16.520-0.43%
CYD42.2400.37%
HMC24.340-0.14%
TM192.320-3.76%
CVNA409.0506.03%
PAG160.4200.42%
LAD274.920-1.47%
AN203.0700.1%
GPI341.3901.61%
ABG203.0601.05%
SAH71.8400.62%
TSLA376.3002.58%
GM78.050-0.47%
F12.385-0.095%
RIVN16.520-0.43%
CYD42.2400.37%
HMC24.340-0.14%
TM192.320-3.76%
CVNA409.0506.03%
PAG160.4200.42%
LAD274.920-1.47%
AN203.0700.1%
GPI341.3901.61%
ABG203.0601.05%
SAH71.8400.62%
TSLA376.3002.58%
GM78.050-0.47%
F12.385-0.095%
RIVN16.520-0.43%
CYD42.2400.37%
HMC24.340-0.14%
TM192.320-3.76%
CVNA409.0506.03%
PAG160.4200.42%
LAD274.920-1.47%
AN203.0700.1%
GPI341.3901.61%
ABG203.0601.05%
SAH71.8400.62%


EV news

Rivian

Rivian lands $6.6 billion loan for Georgia EV plant

- November 27, 2024
Rivian, the California-based electric vehicle (EV) startup, has received a major boost in its push to ramp up production with a $6.6 billion loan from the U.S. Department of Energy....
Articles Headlines
As we get ready to turn the page on 2024, it is an exciting time to reflect on how digital innovation has transformed our world.

Driving change: How automotive innovation is shaping government’s digital future

- November 27, 2024
As we get ready to turn the page on 2024, it is an exciting time to reflect on how digital innovation has transformed our world. Think about it: over 300...
Sales & Marketing Articles
electric vehicle (EV)

Newsom and Trump clash over EV policy, Tesla left in the crossfire

- November 26, 2024
California Governor Gavin Newsom is preparing for a showdown with President-elect Donald Trump over the future of the $7,500 federal electric vehicle (EV) subsidy. If the subsidy is repealed, Newsom...
Articles Headlines
Mark Vickery, Cox Automotive

Dealer Forward: How AI and automation are transforming sales

- November 26, 2024
Artificial intelligence (AI) and automation are revolutionizing the dealership landscape, especially in sales operations. On today’s episode of Dealer Forward, Mark Vickery, Associate Vice President of Performance Management at Cox...
Publishing Partners Sales & Marketing
In this episode of Training Camp Adam Marburger shares insights on why customers often decline F&I products and how dealers can overcome it.

Overcoming customer resistance: Why they say ‘no’ to F&I products

- November 26, 2024
In this episode of Training Camp with Adam Marburger, he shares powerful insights on why customers often decline F&I products and how dealers can overcome these objections. As a black...
Training Camp F&I
As the automotive industry is on the brink of transformation, dealerships face shifting customer needs, the rise of electric vehicles (EVs), and the integration of advanced technologies like artificial intelligence (AI). 

Q&A: Tasso Roumeliotis of Numa on predictions for service departments in 2025

- November 26, 2024
As the automotive industry is on the brink of transformation, dealerships face shifting customer needs, the rise of electric vehicles (EVs), and the integration of advanced technologies like artificial intelligence...
Fixed-Ops Articles
The U.S. EV market continues its momentum toward a record-breaking year, with October delivering notable growth in both new and used EV sales

U.S. EV market on pace for record-breaking year as sales and pricing trends align

- November 25, 2024
The U.S. electric vehicle (EV) market continues its momentum toward a record-breaking year, with October delivering notable growth in both new and used EV sales. While new EV prices edged...
Headlines Articles
EV makers Tesla and Rivian are reportedly on the brink of settling a lawsuit in which Tesla accused Rivian of stealing its battery technology

Tesla, Rivian near settlement in lawsuit over alleged trade secret theft

- November 25, 2024
After a four-year legal battle, EV makers Tesla and Rivian are reportedly on the brink of settling a lawsuit in which Tesla accused Rivian of stealing its battery technology by...
Headlines Articles
Nissan convinced a federal appeals court to decertify a class action lawsuit accusing it of selling vehicles with faulty AEB systems

Nissan wins court ruling to decertify class action over faulty AEB systems

- November 25, 2024
On November 22, Nissan convinced a federal appeals court to decertify a class action lawsuit accusing the automaker of selling vehicles with faulty automatic emergency braking (AEB) systems. These systems...
Headlines Articles
Hyundai, Kia, Genesis recalls

Kia and Hyundai recalls over 200,000 U.S. EVs due to power issues

- November 25, 2024
The National Highway Traffic Safety Administration (NHTSA) announced the recall of specific electric vehicle (EV) models from Kia, Hyundai, and Genesis due to a potential loss of drive power from...
Articles Headlines

Latest Articles

FTC invites dealers to report potential pricing issues across the industry. Ford doubles down on U.S. Assembly as trade policies shift industry strategy. Carvana expands its dealership portfolio with a CDJR dealership in Ohio. New car sales drop 7.3% in April, but don't blame buyers. Cox Automotive to acquire Fullpath to expand AI-driven marketing.
Latest Articles 04/25/26

Weekly roundup: FTC wants dealers to report deceptive pricing, Ford boost U.S. assembly, Carvana expands dealership portfolio

Sale of stakes in Bugatti Rimac and Rimac Group marks latest move in Porsche CEO Michael Leiters' sweeping turnaround effort.
Latest Articles 04/24/26

Porsche sells Bugatti Rimac stakes as it shifts focus to gas, hybrid models

Ford boosts U.S. assembly, Stellantis prioritizes turnaround strategy, Hyundai profit drops 24%
Latest Articles 04/24/26

Ford boosts U.S. assembly, Stellantis prioritizes turnaround strategy, Hyundai profit drops 24%

Toyota Mobility Foundation Names Innovators in Clean Freight as Detroit Winners of Global Sustainable Cities Challenge
Latest Articles 04/24/26

Toyota Mobility Foundation names innovators in clean freight as Detroit winners of Global Sustainable Cities Challenge

Baumann Auto Group
Latest Articles 04/24/26

Baumann Auto Group acquires Firelands Chevrolet of Norwalk in Ohio

Ford doubles down on U.S. assembly as trade policies shift industry strategy
Latest Articles 04/24/26

Ford doubles down on U.S. assembly as trade policies shift industry strategy

Stellantis to prioritize four core brands in turnaround strategy, sources say The automaker plans to shift funding toward Jeep, Ram, Peugeot, and Fiat while maintaining its broader portfolio. On the Dash: Expect increased product investment and marketing support for Jeep, Ram, Peugeot and Fiat. Regional and niche brands may see reduced volume but more targeted positioning and shared platforms. Platform-sharing and rebadging strategies could affect inventory mix and model differentiation. Stellantis will concentrate most of its investment on four core brands as CEO Antonio Filosa pushes a turnaround strategy set for release May 21, according to a Reuters exclusive. The automaker has identified Jeep, Ram, Peugeot, and Fiat as its priority brands. It will allocate a “material increase” in funding to them, driven by their stronger global sales and profitability, marking a shift away from the company’s previous approach of distributing investment more evenly across its portfolio. Sign up for CBT News’ daily newsletter and get the latest industry stories delivered straight to your inbox. Stellantis will retain its 14-brand lineup, the largest in the industry, and will not shut down underperforming marques. Instead, the company will reposition secondary brands such as Citroën, Opel and Alfa Romeo to operate in regional or niche roles. These brands will rely on shared platforms and technology developed by the core brands while maintaining distinct styling and market identity. The strategy comes as Stellantis works to regain market share in the United States and Europe while facing growing competition from Chinese EV makers. The company earlier reported a 22.2 billion-euro charge tied to scaling back its EV plans, underscoring the urgency of the strategic shift. Its market valuation has also declined significantly in recent months. To support the transition, Stellantis will expand its use of shared “multi-energy” platforms that support electric, hybrid and internal combustion (ICE) vehicles. Additionally, the company is evaluating rebadging strategies and joint development programs, including collaborations with its Chinese partner, Leapmotor. Executives and investors backing the plan expect the increased focus on core brands to improve efficiency and strengthen financial performance. Analysts say Stellantis could still consider further consolidation if results fall short of expectations. Meta description (140 characters) Stellantis to boost funding for Jeep, Ram, Peugeot and Fiat, shifting strategy while maintaining its 14-brand global portfolio.
Latest Articles 04/24/26

Stellantis to prioritize four core brands in turnaround strategy, sources say

Hyundai's profit drops 24% as tariffs, weak global demand persist 
Latest Articles 04/24/26

Hyundai’s profit drops 24% as tariffs, weak global demand persist 

The latest JD Power-GlobalData forecast shows a decline in new car sales in April, but you can blame last year's tariff panic, not today's buyers.
Latest Articles 04/24/26

New car sales drop 7.3% in April, but don’t blame buyers

2026 Subaru Outback: Rugged evolution meets everyday practicality
Latest Articles 04/24/26

2026 Subaru Outback: Rugged evolution meets everyday practicality


CBT News
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.